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Navient considered settling. Then Trump won.

Source: Stacy Cowley, New York Times (Paid Registration)

In the final months of President Obama’s administration, the government’s top consumer regulator was negotiating a large settlement with the student loan collector Navient, which it said had misled borrowers and made mistakes that added billions of dollars to their bills.

But after President Trump’s victory, the talks between the company and the Consumer Financial Protection Bureau broke down.

Read Full Article: Navient considered settling. Then Trump won.


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